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to boeing, to air bus. there is a whole bunch of inter connectivity. >> aig fell basically, if wall street fell, we would lose jobs o and on and on and and on. it happened. because of that we were at 8% unemployment, you know. so the fact that after all of that, these folks, after being -- after being saved, especially the board of directors, they received profits. their stocks went up pennies. it didn't because of the federal government: the fact that they want to sue the federal government, it's just, you know, there really is no silver lining in these clouds. >> also it address did some of the disfunction of how corporate law and corporate principles clash with basically civic understanding. >> responsibility. >> responsibility. so in other words, it is true that there is legitimacy to this lawsuit in the courts. a sober judge has let this suit proceed as far as it does. the board of directors have two obligations, the duty of loyalty and the duty of care. they have to put the company first. they cant be
to boeing, to air bus. there is a whole bunch of inter connectivity. >> aig fell basically, if wall street fell, we would lose jobs o and on and on and and on. it happened. because of that we were at 8% unemployment, you know. so the fact that after all of that, these folks, after being -- after being saved, especially the board of directors, they received profits. their stocks went up pennies. it didn't because of the federal government: the fact that they want to sue the federal...
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how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery nightmare and the stock is getting crushed. plus 1,350 days and counting that is how long it has been since the democratic controlled senate passed a budget. and how it could become a bargaining chip to the upcoming fight. and team obama and sen the democrats are going all out for new gun controls. tomorrow, vice president biden is going to meet with organizations and thursday he is going to the nra. all this suspect senator feinstein plans to go after h d handguns. let's talk. we have blake zeth and we may get jeannine turner. blake, the thing th
how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery...
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we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and de
we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the...
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long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel leaks, uncontained engine failures. they have used up a lot of goodwill if you will and so now with media scrutiny upon us it will be more and more difficult and the fact that, you know, there are, you know, this is a unique airplane in the way it is built and the fact it is one of the biggest changes is that it is the most electric aircraft ever built --. ashley: that's right. >> the fact that we're having electrical issues and electrical issues are very difficult to troubleshoot and hunt down, will make this harder i think than previous
long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel...
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boeing may of confident in the dreamliner 787, one expert has some concerns. he worries why it's taking so long to get the root cause of some of these issues, and he's not at all comforted that boeing says the incidents are unrelatedance joins us now along with phil lebeau and myself. hans, what's raising your eyebrows most. tell us where the concern lies. >> well, my biggest concern is that boeing keeps us in a period of speculation because we don't -- we're not finding out what the problems have been. the houston problem goes back now almost a month, about a month. that's a long time, and -- and it's -- the longer this period of speculation lasts, the more it opens the door to people imagining the problem to be bad, and the worst case would, of course, be a catastrophic loss of an aircraft mid-flight on a long haul flight, a loss of life. so the more quickly boeing and all the other suppliers are definitely involved, the more quickly they come up with -- with an explanation of the root cause and also, of course, right along with this, with the credible expla
boeing may of confident in the dreamliner 787, one expert has some concerns. he worries why it's taking so long to get the root cause of some of these issues, and he's not at all comforted that boeing says the incidents are unrelatedance joins us now along with phil lebeau and myself. hans, what's raising your eyebrows most. tell us where the concern lies. >> well, my biggest concern is that boeing keeps us in a period of speculation because we don't -- we're not finding out what the...
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boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a lot of problems. these are really hard planes to build. they switched that new composite, went away from aluminum. i come back and just say, once again, if you doubt boeing's prowess, you haven't studied them, from the b-29 and b-17 on, great american company. they'll solve it. in the interim i think people will say -- we haven't seen big cancellations. >> no, we haven't. let's check in with bob pisani on the floor this morning. >> happy wednesday. this is the first day of the week we've had a positive opening. at least
boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a...
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. >>> like it needs it but another black eye for boeing. the third in three days. our very own phil lebeau has been following this since the beginning and you have the latest for us now. phil? >> we heard from boeing executives an hour and a half ago hearing where things stand for the 787. defending it is a reliable aircraft. as we look at a picture of the ntsb increst gating the batteries, the trace the cause of the fire on monday, boeing today on a conference call defended the use of lithium ion b batteries. boeing says it has 1 million miles flown with those batteries pch they believe it is safe in the future. chief engineer is asked whether he was worried about whether or not the problems with the dream liner will hurt the plane or boeings reputation mp here is what he had to say. >> what impact he the customer serious to me, anything that create downtown on the airplane when the airplane should be flying, serious to me. anything that creates media attention is serious to me as well. so i'm concerned about the things that everybody is concerned about. there's n
. >>> like it needs it but another black eye for boeing. the third in three days. our very own phil lebeau has been following this since the beginning and you have the latest for us now. phil? >> we heard from boeing executives an hour and a half ago hearing where things stand for the 787. defending it is a reliable aircraft. as we look at a picture of the ntsb increst gating the batteries, the trace the cause of the fire on monday, boeing today on a conference call defended the...
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a wake-up call for boeing as its dreamliner problems continue. in today's cover story, plugging into the consumer electronics show. what new technologies are turning heads this year. is the housing market setting up for a breakout year? revealing the truth behind anti-virus software. why the protection may still leave you at risk. and, earnings season kicks off. what traders are watching. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, january the 9th. i'm angela miles. in today's first look: alcoa turns a profit. the first dow component to report in the fresh earnings season posted a profit of $242 million despite weak prices for aluminum. the sell-off in the market continues. the major indicies all fell yesterday. telecom stocks were among the biggest losers. gold rallied, while oil flatlined. president obama is expected to soon name his next treasury secretary. white house chief of staff jack lew is said to be high on the list. the irs will accept
a wake-up call for boeing as its dreamliner problems continue. in today's cover story, plugging into the consumer electronics show. what new technologies are turning heads this year. is the housing market setting up for a breakout year? revealing the truth behind anti-virus software. why the protection may still leave you at risk. and, earnings season kicks off. what traders are watching. first business starts now. you're watching first business: financial news, analysis, and today's investment...
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it' >>> have you heard about the problems with boeing's new state of the art airplane? it's called the 787 or dreamliner. the latest mishap happened today in boston. cbs5 reporter kiet do tells us timing couldn't be worse for a big event in san jose. >> this has been an embarrassment for boeing, especially since the 787 has been touted as the next generation plane of the future. regardless it looks like the 787 is still getting the benefit of the doubt. so far it has not been a good week for the 787. today 40 gallons of fuel spilled as a dreamliner was about to take off from boston to tokyo. the plane from japan airlines was towed back to the gate and then yesterday another 787 also from japan airlines had smoke spewing from the cabin after passengers got off again in boston and one month ago a united 787 made an emergency landing in new orleans after one of six generators failed. the plane itself never lost power. >> no matter how much testing you do there are some things that unfortunately are inevitably discovered during the real world of operational airline flying.
it' >>> have you heard about the problems with boeing's new state of the art airplane? it's called the 787 or dreamliner. the latest mishap happened today in boston. cbs5 reporter kiet do tells us timing couldn't be worse for a big event in san jose. >> this has been an embarrassment for boeing, especially since the 787 has been touted as the next generation plane of the future. regardless it looks like the 787 is still getting the benefit of the doubt. so far it has not been a...
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and we are later going to discuss what's going on with boeing's dreamliner flights. just now, japan's all nippon airways has canceled a domestic flight due to brake problems on a boeing 787. comes amid a spate of similar reports. we'll have more detail and explore the story further in the next hour. >> we don't know whether that means they couldn't take the brakes off or put them on. >> we need more detail. and despite recent mishaps, japanese carriers appear to be standing by boeing at least for now. japan airlines says it has no plans to drop orders for the 787 dreamliner jets. it ordered a total of 45 aircraft including seven in operation. all nippon airways which placed orders for 66 dreamliner jets also says -- it has said it's sticking with its purchase. >>> staying with japan, the bank of japan is reportedly considering further monetary easing this month. according to reuters' sources, we might see the bank doubling its inflation target to 2%. there's been speculation for months. in your view, is it going to happen? and almost more importantly at this point, g
and we are later going to discuss what's going on with boeing's dreamliner flights. just now, japan's all nippon airways has canceled a domestic flight due to brake problems on a boeing 787. comes amid a spate of similar reports. we'll have more detail and explore the story further in the next hour. >> we don't know whether that means they couldn't take the brakes off or put them on. >> we need more detail. and despite recent mishaps, japanese carriers appear to be standing by...
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if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is resigning. this at the time that president obama has picked jack lew to replace tim geithner as treasury secretary. whoever runs the jaret -- the treasury has a critical job. so far, 2013 has been marked by fighting over the fiscal could. but americans say they are looking for solutions, decisions. we have the ceo of accounting giant duch joining me from -- deloit joining me from new york. what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fi
if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is...
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new problems have grounded two of boeing's new dream liner jets. and the search for a missing masterpiece comes to an end when the cbs evening news continues. continues.ut then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. hey america, even though they don't need one wes, clay, and demarcus tried on the depend real fit briefs for charity to prove how great the fit is even while playing pro football. the best protection now looks, fits and feels just like underwear. get a free sample and try one on for yourself. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a he
new problems have grounded two of boeing's new dream liner jets. and the search for a missing masterpiece comes to an end when the cbs evening news continues. continues.ut then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. hey america, even though they don't need one wes, clay, and demarcus tried on the depend real...
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. >> drama in the skies as boeings dream liner runs into more problems. the next stop, san jose. >> and the planet just experienced the warmest year on record. how that's changing life along the california coast. good evening i'm elizabeth cook. >> and i'm ken bastida. a burglar picked the wrong home to break into. the man inside that apartment was waiting for him with a gun. this happened on leeland lane. cbs 5 recorder christin ayers on how one of them was eventually stabbed to death. >> reporter: it began as a break in at this pittsburgh apartment and ended in bloodshed. >> i saw there was probably like 5, 6, 7 police officers there and they were taking a body out of there on a gunny. >> reporter: neighbors say it's rare to hear about burglaries at this complex. the man who lived here heard something strange at his door. >> the resident who was home alone heard what he describes as someone manipulating the front doorknob. >> reporter: the suspected burglar, a 54-year-old convicted criminal was carrying a fake gun. he probably never expected to run into
. >> drama in the skies as boeings dream liner runs into more problems. the next stop, san jose. >> and the planet just experienced the warmest year on record. how that's changing life along the california coast. good evening i'm elizabeth cook. >> and i'm ken bastida. a burglar picked the wrong home to break into. the man inside that apartment was waiting for him with a gun. this happened on leeland lane. cbs 5 recorder christin ayers on how one of them was eventually stabbed...
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the 787 is boeing's latest model and made its commercial debut in 2011. people at boeing say they sold about 50 of the planes to eight airlines. >>> the indian military says two soldiers have been killed and one injured in a gunfight in the disputed territory of kashmir between india and pakistan. an indian army spokesperson says the shooting started when indian soldiers on patrol spotted pakistani troops on the indian side of the line of control. pakistani military officials deny the indian allegation that the firing was unprovoked. a gunfight also occurred in kashmir on sunday. one pakistani soldier died, and another was injured. india and pakistan have gone to war three times since their independence in 1947. analysts say the latest incidents may have a negative impact on the comprehensive talks for better relations that resumed in 2011. >>> students at a university in north korea got a surprise visitor. google chairman eric schmidt. they showed him how they look for information online, by googling it. schmidt visited kim il sung university in pyongyan
the 787 is boeing's latest model and made its commercial debut in 2011. people at boeing say they sold about 50 of the planes to eight airlines. >>> the indian military says two soldiers have been killed and one injured in a gunfight in the disputed territory of kashmir between india and pakistan. an indian army spokesperson says the shooting started when indian soldiers on patrol spotted pakistani troops on the indian side of the line of control. pakistani military officials deny the...
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disney, boeing, united technologies. they're contributing to the gains. >> wall street's also abuzz today over an invite that facebook sent out saying, right here. come see what we're building. shares on the move today which are trading at the higher level in six months. julia boorstin covers that company for us and joins us live from vegas. julia, when's the buzz? what are they saying about this invite? >> reporter: scott, i just love these cryptic invites from facebook. i will be there at this event next week and i expect it to be a big deal, perhaps mostly because of the term building. building is a term that ceo mark zuckerberg loves to use himself. he uses that term in the earnings calls and often to describe the products and his vision for facebook. so because that i would expect him to be speaking at this announcement next week. what's the news? there are a couple of announcements i expect to hear from facebook. if in the next couple of months if not in the next year and including an ad america to deliver ads from
disney, boeing, united technologies. they're contributing to the gains. >> wall street's also abuzz today over an invite that facebook sent out saying, right here. come see what we're building. shares on the move today which are trading at the higher level in six months. julia boorstin covers that company for us and joins us live from vegas. julia, when's the buzz? what are they saying about this invite? >> reporter: scott, i just love these cryptic invites from facebook. i will be...
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. >>> now to business where the 787 dreamliner is turning into a bit of a night may for boeing as the airplanes are under investigation after back-to-back days of problems in boston. yesterday one of the jets spilled about 40 gallons of fuel on the runway at logan international airport. that's one day after an electrical fire caused by an exploding battery grounded a different dreamliner plane, also at logan airport. for more on boeing's troubles, let's go to jeff cutmoore in london. >> reporter: good morning to you. i suppose the good news here is ana has orders for 45 more jets, and they said we will to the change our orders. clearly this is a headache for boeing, because they have been beset by a slew of problems with the technicals on this wide-bodied jet. there are a whole bunch of other companies lined up here to take them, virgin airways, british airways, they will want to see some of these technical problems sorted out before they get delivery. worth pointing out the stock down over 4% over the last couple of trading days as a result of these concerns. >> we wonder if there wi
. >>> now to business where the 787 dreamliner is turning into a bit of a night may for boeing as the airplanes are under investigation after back-to-back days of problems in boston. yesterday one of the jets spilled about 40 gallons of fuel on the runway at logan international airport. that's one day after an electrical fire caused by an exploding battery grounded a different dreamliner plane, also at logan airport. for more on boeing's troubles, let's go to jeff cutmoore in london....
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let's take a look at boeing here. boeing is up 3.1%. boeing looking good here. though despite the fact that it had a third incident in three days, but oppenheimer is saying shares should be bought on weakness. remember the last couple of days it was down about 5%. still down for the week, but popping today. they've had three incidents in three days. today over in japan an incident with brakes. yesterday a fuel leak. and the day before that an electrical fire. talking about the 787 dreamliner. oppenheimer saying buy on the weakness. as far as major market averages, the dow jones industrials up about 82 points right now. led by boeing, hewlett-packard, united technologies and also united healthcare. those are some of the best performers on the dow today. retail, banks, all looking good. back to you. dagen: thank you. connell: a strange legal battle in texas with this teenager battling her high school over a policy for students to display id card that has a micro chip embedded it. she alleges the chips violated her religious beliefs. dagen: fox news senior judicial
let's take a look at boeing here. boeing is up 3.1%. boeing looking good here. though despite the fact that it had a third incident in three days, but oppenheimer is saying shares should be bought on weakness. remember the last couple of days it was down about 5%. still down for the week, but popping today. they've had three incidents in three days. today over in japan an incident with brakes. yesterday a fuel leak. and the day before that an electrical fire. talking about the 787 dreamliner....
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the stakes are huge, of course for boeing. the dream liner had a lot of buzz but hit by a lot of cough cost and quality issues. analysts don't think it will turn a profit for another 8 years. company stock got hit down 4% since the fire. >> dan springner seattle, dan, thanks. we may learn more about the circumstances surrounding the poisoning death of a chicago area lottery winner. sometime in the next couple of weeks. that's when the medical examiner now says a team will dig up the victim's body to search for more clues. that winter died last summer one day after the illinois lottery sent him a check with the winnings from a scratch offer ticket. lump sum option of half a million dollars after taxes. the medical examiner first ruled the victim died of a disease linked to heart attacks and strokes but the family soon requested that investigators take a second look. and today on "studio b," that medical examiner said his team did not expect a cyanide test to come back positive. >> when it showed up it was a bit surprised. when
the stakes are huge, of course for boeing. the dream liner had a lot of buzz but hit by a lot of cough cost and quality issues. analysts don't think it will turn a profit for another 8 years. company stock got hit down 4% since the fire. >> dan springner seattle, dan, thanks. we may learn more about the circumstances surrounding the poisoning death of a chicago area lottery winner. sometime in the next couple of weeks. that's when the medical examiner now says a team will dig up the...
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. >>> and two boeing 787s run into trouble on consecutive days. so what's going on now the dreamliner? >> every new airplane has growing pains especially those that kind of push the edge of the envelope in technology. >> we'll hear from captain sully sullenberger and ask peter greenberg why bad things keep happening to the 787 on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by h&r block, come see what our expertise can make. i will give you a tax and health care review. is ♪ ♪ chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. ♪ ♪ [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. [ male announcer ] this is bob a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillat
. >>> and two boeing 787s run into trouble on consecutive days. so what's going on now the dreamliner? >> every new airplane has growing pains especially those that kind of push the edge of the envelope in technology. >> we'll hear from captain sully sullenberger and ask peter greenberg why bad things keep happening to the 787 on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by h&r block, come see what our...
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we did call boeing for a statement on all of this. we have yet to hear back but they are pretty good at getting back. george, what is going on here? >> it's unusual to have so many problems considering there are so few jets in the air of this type. so far there are only 30 or 40 flying. i think that the outsourcing problem has been more financially damaging for boeing. it cost them billions of dollars. it's been a problem for airbus. airbus had problems with the a-380. >> neil: the incidents in the public have been the result of outsourcing, wiring or fuel lines? >> we don't know that. the battery that exploded in boston, that was made by a japanese company. i don't know where it was made. boeing doesn't make batteries so they have to outsource. the other things they outsourced is some of the wiring and some of the wings. that really cost them a lot of money in delays and cost overage >> neil: in a quest to save money? >> i think it was stupid. we outsource some i.t. and there was communication problems because english wasn't the firs
we did call boeing for a statement on all of this. we have yet to hear back but they are pretty good at getting back. george, what is going on here? >> it's unusual to have so many problems considering there are so few jets in the air of this type. so far there are only 30 or 40 flying. i think that the outsourcing problem has been more financially damaging for boeing. it cost them billions of dollars. it's been a problem for airbus. airbus had problems with the a-380. >> neil: the...
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boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the street was expecting. the country's largest aluminum producer says that it is cautiously optimistic that demand for the metal will continue to grow in 2013. among the catalysts, they're looking at strong sales to aerospace and construction customers. alcoa executives are keeping a cautious tone as worries linger about the budget battles in washington. >> you look at the businesses, you actually see that the endowment dow stream businesses are hitting new records profitabilities. another quarter of that and record year. that's great. when you look t upstream where it's basically abou
boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the...
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boeing weighed on the market, pushing shares lower over worries with boeing's new dreamliner 787 plane. first, national transportation safety board officials are investigating an onboard fire on a dreamliner yesterday at logan airport in boston. that fire had carriers inspecting their 787s, and united airlines found improperly installed wiring according to reports. the "wall street journal" reports both issues center around the plane's auxiliary power system. shares fell 2.6% on heavy volume. the company is increasing production of the dreamliner, aiming to boost its delivery of the planes. almost 800 of them have been ordered by air carriers around the world. videogame retailer game stop may want a reset for the past holiday season. the company warned sales at stores open for at least a year fell, forcing the company to cut the top end of its financial forecast for the quarter. traders and investors hit the sell button. shares fell 6.3% on heavy volume. sales dropped for both new and used video games. we have more analysis of game stop's stock chart on our web site, www.nbr.com. under
boeing weighed on the market, pushing shares lower over worries with boeing's new dreamliner 787 plane. first, national transportation safety board officials are investigating an onboard fire on a dreamliner yesterday at logan airport in boston. that fire had carriers inspecting their 787s, and united airlines found improperly installed wiring according to reports. the "wall street journal" reports both issues center around the plane's auxiliary power system. shares fell 2.6% on heavy...
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boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines has taken a couple of them here. united continental has taken delivery of these planes. they've delivered 49 of these planes. it's important to note here why there are questions about these planes, nobody has canceled an order for them yet. they are expecting at boeing for this to be the next big product for them. however, production delays, design problems have plagued the production of this very important phra*eufpb for th plane for the company. just last month the faa put out a directive to airline who had bought this thing sayin
boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines...
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if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is resigning. this at the time that president obama has picked jack lew to replace tim geithner as treasury secretary. whoever runs the jaret -- the treasury has a critical job. so far 2013 has been marked by fighting over the fiscal could. but americans say they are looking for solutions decisions. we have the ceo of accounting giant duch joining me from -- deloit joining me from new york. what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fisca
if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is...
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now it is more of a nightmare for boeing. we will tell you why. about 1 million people inside syria are getting hungry because you win agencies cannot get food aid in side. the food organization is handing out rations to one and a half million people. it leaves many who are desperately in need without food. the un says more than 60,000 people have been killed in the uprising that began in march of 2011. the u.n. refugee agency says nearly 100,000 refugees have escaped violence in syria in the last month alone, and there are more than 590,000 refugees, up from before. many of those people have escaped the jordan camp, where winter storms are making already difficult conditions worse. tents have been flooded. many people are stranded, and a big snowstorm is expected to hit very soon. >> the weather is so cold. they tell us if they give us heater's a tent may burn. you can see how bad it is. rain and cold and water seeps into our tents. you wake up at night and find yourself surrounded by water. >> we have no heaters. why have they left us stranded l
now it is more of a nightmare for boeing. we will tell you why. about 1 million people inside syria are getting hungry because you win agencies cannot get food aid in side. the food organization is handing out rations to one and a half million people. it leaves many who are desperately in need without food. the un says more than 60,000 people have been killed in the uprising that began in march of 2011. the u.n. refugee agency says nearly 100,000 refugees have escaped violence in syria in the...
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it has been a bad week for boeing streamliner after a fire. more on that a >> novato, oakland, sunnyvale and all bay area, this is abc7 news. >> welcome back at 6:45. time to will meet her next righe >> you were talking about the new "it" girl. >> he was using personal pronounces like "i wasn't sure you were this." >> how was your weekend? >> great, great, great. we missed this fun when you were gone. >> take care, buddy. we have to talk. >> new this morning, overnight japan airlines has no plans to cancel or change their order of 38 boeing 787 dreamliner jets after a couple of mishaps after a fuel spell at boston airport yesterday. the flight to tokyo was aborted and the plane was towed back to the gate. monday, another dreamliner had an electric fire at logan as they are ready to launch nonstop dreamliner service from san jose airport to tokyo on friday. >> walmart towns down a high-level invitation to talk about gun control issues. >> how do you fine the best bargains at target? you turn to bloomberg and the new york stock exchange. >> kris
it has been a bad week for boeing streamliner after a fire. more on that a >> novato, oakland, sunnyvale and all bay area, this is abc7 news. >> welcome back at 6:45. time to will meet her next righe >> you were talking about the new "it" girl. >> he was using personal pronounces like "i wasn't sure you were this." >> how was your weekend? >> great, great, great. we missed this fun when you were gone. >> take care, buddy. we have to...
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we can tell you new problems are being reported with boeing's new 787 dream liner. the same plane set to start nonstop service from the silicon valley to tokyo on friday. "today in the bay's" marla teyes is in san jose now. this isn't the roll-out boeing dreamed about. >> definitely not. great p.r. for the dream liner. especially as you mentioned in two days it is set to make its debut. nonstop flight from sjc to tokyo. it is ready to do so with a sold out flight. that means 158 passengers will board the dreamliner here at sjc bound for norita airport. but will the passengers be at ease in light of the problems the high tech dreamliner is working through. the aircraft debuted with nipon airways in to 11. since then
we can tell you new problems are being reported with boeing's new 787 dream liner. the same plane set to start nonstop service from the silicon valley to tokyo on friday. "today in the bay's" marla teyes is in san jose now. this isn't the roll-out boeing dreamed about. >> definitely not. great p.r. for the dream liner. especially as you mentioned in two days it is set to make its debut. nonstop flight from sjc to tokyo. it is ready to do so with a sold out flight. that means 158...
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. >> and more problems for boeing's dream liner. just as maneta san jose national airport is getting ready to launch a dream flight of its own. you can't move the tv there. yuh-huh. we have the wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ [ fancy voice ] brilliant idea, darling. ♪ [ female announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. at&t. >>> google's chairman visited an elite university in korea today and asked students how they look for information online. they told eric schmidt they google it and he told them that's where he works. schmidt and former new mexico governor richardson are on a visit. >>> the obama administration suggesting it may pull out all american troops in afghanistan at the end of 2014. currently there are 66,000 american troops in af
. >> and more problems for boeing's dream liner. just as maneta san jose national airport is getting ready to launch a dream flight of its own. you can't move the tv there. yuh-huh. we have the wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ [ fancy voice ] brilliant idea,...
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>> well, we've seen boeing under pressure. yesterday was the biggest loser in the dow and today it's looking slightly lower, you're talking the 787 dreamliner, electrical issues, a fuel leak, a fire, all of this obviously all put together not good news there. today, it's looking right now, the bid-ask sitely higher. stuart: yeah, so it's coming back a little bit, maybe at the opening bell, but it's still down 5% in a couple of days. nicole, thanks very much indeed. moments from now we have the man who conducted what i think is maybe the most important economic interview of the year so far. the man who got the quote from the president that says we will not be cutting spending. we'll have steve moore for you, he got the interview and the opening bell coming up next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you
>> well, we've seen boeing under pressure. yesterday was the biggest loser in the dow and today it's looking slightly lower, you're talking the 787 dreamliner, electrical issues, a fuel leak, a fire, all of this obviously all put together not good news there. today, it's looking right now, the bid-ask sitely higher. stuart: yeah, so it's coming back a little bit, maybe at the opening bell, but it's still down 5% in a couple of days. nicole, thanks very much indeed. moments from now we...
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>> well, i think that boeing should be worried. the airlines are building their system around this airplane. this is become more of a bad dream than anything else. the worry is will your airplane be at the date getting fixed. neil: i'm not worried about getting fixed as much as a dime. [laughter] >> when we add them up, we see a lot of them. all the airlines have ordered record numbers. they will eventually be put online. should i be worried? >> i think there should be something. the fuel leak in boston, as an example -- [talking over each other] >> they would be losing fuel. it could be very serious if you are overblown or somewhere and you have nowhere to land. boeing does have issues than just these problems here. will those airplanes be there for the customer on time? they have some problems to deal it. neil: you know, i always wonder. we had a guest talking about the 737. they were largely minor in the beginning. most incidents were relatively minor, as you say. but what is going on -- this type of series of problems compared
>> well, i think that boeing should be worried. the airlines are building their system around this airplane. this is become more of a bad dream than anything else. the worry is will your airplane be at the date getting fixed. neil: i'm not worried about getting fixed as much as a dime. [laughter] >> when we add them up, we see a lot of them. all the airlines have ordered record numbers. they will eventually be put online. should i be worried? >> i think there should be...
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. >>> it's been a rough week for boeing's newest jet. today a 787 dreamliner flight is canceled for an error message about the plane's brakes. on monday, a japanese airline, a 787, caught fire at boston's logan airport. the fire started in the battery compartment. no one was on board. and then on tuesday, another japanese airliner 787 was canceled, this time because of a fuel leak. >> hey, that japan air may know it, but they've got fuel or something spilling out the outboard left wing there quite a bit. >> sandra endo joins us now from washington. tell us more about these incidents. they're now under investigation, right? >> well, carol, the string of irregularities for boeing's marquee plane, the 787 dreamliner, is certainly a concern for the manufacturer. the plane is the first commercial airliner to be made mostly of carbon composites, or plastic, which means it's a lighter plane that boeing says uses less fuel than conventional airliners. well, boeing says it is working with ntsb investigators, looking into monday's fire on a japan
. >>> it's been a rough week for boeing's newest jet. today a 787 dreamliner flight is canceled for an error message about the plane's brakes. on monday, a japanese airline, a 787, caught fire at boston's logan airport. the fire started in the battery compartment. no one was on board. and then on tuesday, another japanese airliner 787 was canceled, this time because of a fuel leak. >> hey, that japan air may know it, but they've got fuel or something spilling out the outboard...
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especially considering in just two days from now the boeing 787 made its debut flight from sjc. it will do so with a sold out fight. sold out means 158 passengers will board the dream liner at sjc bound for narita airport. in light of the problems the high tech dream liner has been working through. the aircraft debuted with all nipon airways in october of 2011. since then it's recorded five incidents that each made headlines. problems ranging from electrical concerns in december to just yesterday when one of the 787s began leaking fuel on the ground at boston's logan airport. an aviation expert on the "today" show. you will hear from him in a moment. first we got feedback from passengers who said they were concerned by the news. >> they should test it better before they get people on it. >> i don't want to be on it until they get it fixed. >> i have confidence in the airplane. there are going to be teething problems with a new airplane. it's common. the first commercial aircraft made of light weight carbon composite. 21% less fuel than planes of similar size. waiting to hear bac
especially considering in just two days from now the boeing 787 made its debut flight from sjc. it will do so with a sold out fight. sold out means 158 passengers will board the dream liner at sjc bound for narita airport. in light of the problems the high tech dream liner has been working through. the aircraft debuted with all nipon airways in october of 2011. since then it's recorded five incidents that each made headlines. problems ranging from electrical concerns in december to just...
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boeing's dreamliner running into more problems. the next stop for the 787, san jose. >> plus, months of mysterious signs lead to an interesting discovery under need a woman's house. find out who she was sharing her home with. >> and a reporter taking a hit during her live shot. it's video that will make you gasp, coming up. oh, my! coming up. kup from the u.s. postal service. we'll even drop of if you need them. visit usps.com pay, print and have it picked up for free. any time of year. ♪ ♪ nice sweater. thank you. ♪ ♪ i have never encountered such a burning sensation... until i had the shingles. it was like a red rash. like somebody had set a bag of hot charcoal on my neck. i had no idea it came from chickenpox. it's something you never want to encounter. for more of the inside story visit shinglesinfo.com gag gone wrong for a photographer and t-v reporter >>> it worked in practice. >> oh!! >> oh!! >> i feel for her! this is a gag gone wrong obviously for a photographer and tv reporter during a live shot in minnesota. the
boeing's dreamliner running into more problems. the next stop for the 787, san jose. >> plus, months of mysterious signs lead to an interesting discovery under need a woman's house. find out who she was sharing her home with. >> and a reporter taking a hit during her live shot. it's video that will make you gasp, coming up. oh, my! coming up. kup from the u.s. postal service. we'll even drop of if you need them. visit usps.com pay, print and have it picked up for free. any time of...
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now, maybe neither boeing or united technology is your thing. don't forget, dave cote's honeywell, my reservation, the stock has been a rocket ship. and i feel like without a real pullback you will have top ticked this screaming monster. my second theme tonight, yeah, i'm going all in with china. we learned that china's turning on the jets here. claus who has been to china many times knows his markets and political science has told us china was way too restrictive in the monetary policy, that somehow the communist party got caught up on worrying about inflation, not worrying about growth. come on, malice, be like mal for heaven sake. i think they're still going with the techs, though. that's over. klaus is confident that when the dpovt unveils the plan for growth in february, they're going to dazzle, from a disappointing 8% to a stunning 11%. there's plenty to like if china gets ho the t in here and takin all its clothes, that's ray lewis. the chinese are addicted to coal. and we know electric uses have gotten stronger and stronger as the year's
now, maybe neither boeing or united technology is your thing. don't forget, dave cote's honeywell, my reservation, the stock has been a rocket ship. and i feel like without a real pullback you will have top ticked this screaming monster. my second theme tonight, yeah, i'm going all in with china. we learned that china's turning on the jets here. claus who has been to china many times knows his markets and political science has told us china was way too restrictive in the monetary policy, that...
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. >> pop here for boeing, up 3%. guy? >> due coast to mike and keith last night talking about exactly this. buying boeing. that proved to be spot-on. i still like the defense names, lockheed martin had a big name today. boeing, you know there's going to be more negative headlines at some point. be careful here. lmt is my favorite in the space. >> fdo, josh. >> the way you want to look at this, money flows are going away from the discount retailers for the time being. they tend to be looking toward the luxury names to participate in what we can only call a better consumer type of scenario. maybe avoid this one. look for something more exciting. >> pop for seagate. >> $3.6 billion, that beats the estimate from the street and their previous forecast of 3.5 by about 3%. they also said their gross margins were above 27%, which is where they had been guiding previously and i think this kind of demonstrates when you have stocks that are this cheap, what kind of upside right now. >> and we have a drop for lookalikes. call it a cl
. >> pop here for boeing, up 3%. guy? >> due coast to mike and keith last night talking about exactly this. buying boeing. that proved to be spot-on. i still like the defense names, lockheed martin had a big name today. boeing, you know there's going to be more negative headlines at some point. be careful here. lmt is my favorite in the space. >> fdo, josh. >> the way you want to look at this, money flows are going away from the discount retailers for the time being....
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what is going on with boeing's dream liner? >>> our second story "outfront" iran in chuck hagel's corner. the defense minister applauding president obama's pick for the defense chief, saying we hope there will be practical changes in america's foreign policy and washington becomes respectful of the rights of nations. hagel's comments about iran have become lightning rods. critics point back to his push in 2005 for direct negotiations with iran and to his past statements like in 2006, when he said i would say that a military strike against iran, a military option, is not a viable feasible responsible option. i believe a political settlement will be the answer. 2005 and 2006 was a long time ago. his views have tempered perhaps, who knows. "outfront" tonight, peter brooks, former assistant secretary of defense and john avlon. let me start with you, peter. obviously the iranian government loves to get involved in these things at times and stir the pot. they seem to love to do that. but how much does this seeming endorsement affect
what is going on with boeing's dream liner? >>> our second story "outfront" iran in chuck hagel's corner. the defense minister applauding president obama's pick for the defense chief, saying we hope there will be practical changes in america's foreign policy and washington becomes respectful of the rights of nations. hagel's comments about iran have become lightning rods. critics point back to his push in 2005 for direct negotiations with iran and to his past statements like...
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what is going on with boeing's dream liner? citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool
what is going on with boeing's dream liner? citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll...
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what is going on with boeing's dream liner? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. [ male announcer ] simple. effective. take that, 50 pound thingy. let's fight fat with alli. learn more, lose more at letsfightfat.com. [ male announcer ] shift the balance of power decisively in your favor. the exclusive 8-speed transmission a
what is going on with boeing's dream liner? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only...
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coming up the dreamliner more like a nightmare for boeing grounding one of the multi million dollar planes. should kids be allowed to get food at the bar before they can legally drink? a look at the gasoline prices a new national average 3.30 is the same as it was yesterday. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> good morning to you. it is 14 minutes after the hour. quick look at the headlines. all u.s. troops may be out of gaven stan by the year 2014. they are not ruling out that option. pentagon officials say the troops are still needed to keep strengthening the afghan army and help keep al qaeda away. this comes days after osama bin laden is meeting with hamid karzai. no decision has been made for anthony's appeal to get the lying conviction thrown out. she is convicted of lying to police. the statements she used to police can't be used against her because she was not read her amanda rights. >>> across the country struggle to go keep up all of the people
coming up the dreamliner more like a nightmare for boeing grounding one of the multi million dollar planes. should kids be allowed to get food at the bar before they can legally drink? a look at the gasoline prices a new national average 3.30 is the same as it was yesterday. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> good morning to you. it is 14 minutes after...
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boeing today moving up. and executive coming out with some comments saying that these problems are typical. it is really no big deal. we reassure you everything is under control. hewlett-packard is moving. that stock has surprised a lot of people over the past seven-ten trading sessions. moving higher today. no dow we will ask paul otellini about their relationship going forward. the losers today, bank of america. down about 3%. a price target of about $12. newmont mining falling about 2%. gold is also moving lower. netflix is falling by about 2%. bank of america reiterating it under perform rating. back now live to las vegas. i wanted to point this out to you. this area used to be microsoft. last year, microsoft for the first time, pulled out a ctf. guess what, a chinese company moved right in. they snapped up the property. every single inch of it. this stuff is expensive. intel never left. here is intel's booth. this is called the altar book tree. i am joined now by the man who has led this company for abo
boeing today moving up. and executive coming out with some comments saying that these problems are typical. it is really no big deal. we reassure you everything is under control. hewlett-packard is moving. that stock has surprised a lot of people over the past seven-ten trading sessions. moving higher today. no dow we will ask paul otellini about their relationship going forward. the losers today, bank of america. down about 3%. a price target of about $12. newmont mining falling about 2%. gold...
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more problems for boeing's new high tech plane. the 767 dream liner. a dream liner had to be brought back to the gate at boston logan airport today. the jet started leaking fuel on the runway. the incident comes a day after an electrical fire broke out on another dream liner at the same airport. boeing says it's cop rating with the ntsb in the fire investigation. >> barry diller back to dreaming -- streaming service. ario planning to expand as legal battles drag on. right now it's only available in new york city. also announce it's raised $38 million in funding. broadcasters have appealed and new york judge's ruling that ario does not appear to violate copy write rite law. turning now to trading stocks retreating for a second day. investors await aid draw at corporate earnings season. shares pushing your bloomberg silicon valley index slightly lower. and here is a sign the economy may be improving from the global business travel association. usa today reports companies are expected to shell out more on business trips this year. apparently there is pent
more problems for boeing's new high tech plane. the 767 dream liner. a dream liner had to be brought back to the gate at boston logan airport today. the jet started leaking fuel on the runway. the incident comes a day after an electrical fire broke out on another dream liner at the same airport. boeing says it's cop rating with the ntsb in the fire investigation. >> barry diller back to dreaming -- streaming service. ario planning to expand as legal battles drag on. right now it's only...
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Jan 9, 2013
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. >>> they are looking at problems for the boeing 747 dreamliner. that is after a fuel leak and a battery for them caught fire. it happened in the bay area and it will make its first boeing 747 flight between san jose and tokyo on friday. >> all right, pam, let's see at is happening on the roads and sal you are looking at the 0 toll plaza? >> yes, it starts to get busier and you can see traffic is moving along pretty well, there may be a small delay in some of the those outside cash lanes but that's about it. also the interstate 880 looks good southbound traffic is moving nicely and through the mcarthur maze area, there are no major problems if you are driving on the san mateo or dumbarton bridge. 5:38 let's go to steve. >>> we are getting ready and forecast is not until late tonight into friday just so you know, freeze warnings have been posted in advance of this system. lows tomorrow, if the winds die down, there is no doubt about it and showers possible tomorrow. this system does not have a lot of moisture to work with. already freeze warnings la
. >>> they are looking at problems for the boeing 747 dreamliner. that is after a fuel leak and a battery for them caught fire. it happened in the bay area and it will make its first boeing 747 flight between san jose and tokyo on friday. >> all right, pam, let's see at is happening on the roads and sal you are looking at the 0 toll plaza? >> yes, it starts to get busier and you can see traffic is moving along pretty well, there may be a small delay in some of the those...